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Where one party refuses to perform his or her contractual obligations, what is the risk that the ...

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Where one party refuses to perform his or her contractual obligations, what is the risk that the ...

Where one party refuses to perform his or her contractual obligations, what is the risk that the second party runs if he continues to press the first party to perform?

▸ The second party may receive more damages for which he or she can't recover compensation.

▸ The contract may be discharged by frustration.

▸ The first party may breach a condition subsequent.

▸ The first party may expressly repudiate the contract and therefore not be liable for breach.

▸ The first party may continue to refuse to perform, and there is nothing the second party can do about that.

Textbook

Legal Fundamentals for Canadian Business

Edition: 4^th

Author: Yates

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